For the second quarter KG Denim’s total income was Rs 158.95 crores against Rs 95.31 crores in the corresponding quarter of the previous year and Rs 125.80 crores in the previous quarter.

Net profit / loss was Rs 0.67 crores against Rs 3.91 crores in the corresponding quarter of the previous year and Rs 2.12 crores in the previous quarter. Earnings Per Share (EPS) was Rs 0.26 against Rs 1.52 in the corresponding quarter of the previous year and Rs 0.83 in the previous quarter.

For the six month period, the company’s total income was Rs 284.75 crores against Rs 147.81 crores in the previous year. Net profit /loss was at Rs 1. 45 crores compared to Rs 7.83 crores in the previous year. Earnings Per Share stood at Rs 0.57 against Rs 3.05 in the previous year.

KG Denim is a denim and apparel fabric manufacturer. The company’s product divisions include denim, apparel fabric and home textiles. Its denim products include authentic ring denims, selvedge denim, organic/bio denims, tencel denim, printed denim and coated denim. The apparel fabric products include stretch twills, jean twills, and stretch, with or without lycra. The company currently manufactures 24 million meters of denim fabrics, 12 million meters of cotton fabrics, two million equivalent sheet sets of made–ups and three million jeans and trousers.